September 18, 2014 / 6:51 AM / in 3 years

BRIEF-Lentex to merge with Novita

Sept 18 (Reuters) - Lentex SA :

* Said on Wednesday it has decided to merge with Novita SA in which it holds the majority stake of 63.17 pct

* Said the merger will be undertaken by transferring all Novita’s assets to Lentex in exchange for the company shares

* Said the merger will create synergies in production, sales, purchasing policy and management costs

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